Cepsa signs HVO supply deal with Nou Transport
Published on: Jun 20, 2024
The company will supply 100% renewable diesel to the transportation firm's fleet, which it currently offers at eight of its service stations in Spain.
Cepsa has signed a strategic alliance with Nou Transport to supply 100% renewable diesel through hydrotreated vegetable oil (HVO) to power the transport company's fleet.
This strategic partnership guarantees the transporter a constant and reliable supply of this second-generation biofuel. Thus, it consolidates its commitment to preserve the environment and boosts its position as a leader in innovation within the transport sector.
Cepsa currently supplies HVO at eight of its service stations located in several of the country's main corridors and logistics hubs.
The company plans to increase the reach of its network throughout 2024 and to commission the largest second-generation biofuels plant in southern Europe alongside Bio-Oils by 2026. This facility is expected to have a flexible production capacity of 500,000 tons of renewable diesel and sustainable aviation fuel.
Through its 2030 strategic plan, Positive Motion, Cepsa plans to become a leader in sustainable mobility, biofuels and green hydrogen in Spain and Portugal.
